509 Pinetree Drive Unit A & B, Panama City Beach, FL 32413

$279,997
: 3
BD
: 3
BA

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List Price: $279,997
MLS#: 796030
Status: ACTIVE
Type: Multifamily
Subtype: Duplex
Bedrooms: 3
Bathrooms: 3
Lot Size: 10,454
Neighborhood: Beach - West South

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Property Description

INVESTOR'S DREAM on the highly desirable west end of Panama City Beach! This unique property offers TWO separate units on a double lot, creating multiple opportunities for the savvy investor. Utilize the existing units as short-term vacation rentals, generate steady income with long-term rentals, or explore the potential to finish the downstairs garage area to create additional usable space and increase the property's income potential. Looking for a larger redevelopment opportunity? Take advantage of the double lot and explore the possibility of removing the existing structures and building brand-new construction. With its west-end location near 30A and the beaches, this property offers flexibility that's increasingly hard to find in Panama City Beach. Whether you're looking for STR potential, long-term rental income, a value-add project, or a future new-build opportunity, 509 Pinetree Drive gives you multiple ways to make the property work for your investment strategy. Bring your vision and take advantage of this rare west-end opportunity!

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Additional Information

Acres: 0.24
Elementary School: West Bay
High School: Arnold
Lot Dimensions: 100.0 ft x 105.0 ft
Middle School: Surfside
Neighborhood: Beach - West South
Project Facilities: Short Term Rental Allowed
Subdivision: Inlet Beach Heights
Year Built: 1993